Adani Enterp.

2251 -34.30

Adani Ports

1306.3 -26.80

Apollo Hospitals

6722 -129.50

Asian Paints

2299.6 -3.00

Axis Bank

1151.1 -21.10

Bajaj Auto

7682.5 -42.00

Bajaj Finance

8641 -191.50

Bajaj Finserv

1970 -36.00

Bharat Electron

315.85 8.70

Bharti Airtel

1848.4 -26.50

Cipla

1480 -6.80

Coal India

382.4 -3.05

Dr Reddy's Labs

1155.9 7.90

Eicher Motors

5324 -48.50

Eternal Ltd

227.14 -2.67

Grasim Inds

2634.8 -63.90

HCL Technologies

1569.4 -11.30

HDFC Bank

1889.7 -38.80

HDFC Life Insur.

713.6 -9.35

Hero Motocorp

3853.9 53.40

Hind. Unilever

2332.9 -22.00

Hindalco Inds.

627.15 6.95

ICICI Bank

1388.9 -46.60

IndusInd Bank

818.2 -8.60

Infosys

1507.6 -3.80

ITC

423.55 -7.05

JSW Steel

957 3.80

Kotak Mah. Bank

2103.1 -9.50

Larsen & Toubro

3443.9 120.00

M & M

2982.1 -51.00

Maruti Suzuki

12250 -142.00

Nestle India

2325.4 -15.30

NTPC

334.75 -5.25

O N G C

234.96 1.74

Power Grid Corpn

299.3 -8.95

Reliance Industr

1377.2 -29.80

SBI Life Insuran

1699.8 -31.70

Shriram Finance

601.45 -14.35

St Bk of India

779.25 10.25

Sun Pharma.Inds.

1744.8 -22.40

Tata Consumer

1113.7 -2.30

Tata Motors

708.5 25.65

Tata Steel

142.78 -0.89

TCS

3440.3 -8.60

Tech Mahindra

1493.7 -9.10

Titan Company

3510.3 141.00

Trent

5113 -113.50

UltraTech Cem.

11364 -267.00

Wipro

242.01 0.44

IPO-Synopsis
Ather Energy Ltd
  • Registered Office: 3rd Flr Towewr D IBC Knowledge,Park #4/1 Bannerghatta Main Rd, Bangalore - 560029, Karnataka, India. Phone : +91 80 6646 5750   Fax:
  • Email : cs@atherenergy.com
  • Website :www.atherenergy.com
Initial public offering of 92,867,945 equity shares of face value of Re. 1 each ("Equity Shares") of Ather Energy Limited (The "Company" or the "Issuer") for cash at a price of Rs. 321^ per equity share including a securities premium of Rs. 320^ per equity share (the "Offer Price") aggregating up to Rs. 2980.80 crores^ (the "Offer"). The offer comprises a fresh issue of 81,816,199 equity shares of face value of Re. 1 by the company aggregating to Rs. 2626.00 crores^ (the "Fresh Issue") and an offer for sale of 11,051,746 equity shares of face value of Re. 1 each aggregating up to Rs. 354.80 crores comprising of 980,000 equity shares of face value of Re. 1 each aggregating to Rs. 31.46 crores by Tarun Sanjay Mehta, 980,000 equity shares of face value of Re. 1 each aggregating to Rs. 31.46 crores by Swapnilbabanlal Jain (together the "Promoter Selling Shareholders"), 6,003,460 equity shares of face value of Re. 1 each aggregating to Rs. 192.71 crores by Caladium Investment Pte Ltd, 2,634,514 equity shares of face value of Re. 1 aggregating to Rs. 84.57 crores by National Investment and Infrastructure fund ii, 400,000 equity shares of face value of Re. 1 each aggregating to Rs. 12.84 crores by Internet Fund iii pte. ltd., 31,050 equity shares of face value of Re. 1 each aggregating to Rs. 1.00 crores by iitm incubation cell, 4,191 equity shares of face value of Re. 1 each aggregating to Rs. 0.14 crores by iitms ruraltechnology and business incubator (together the "Corporate Selling Shareholders") and 18,531 equity shares of face value of Re. 1 each aggregating to Rs.0. 60 crores by Amit Bhatia ("Individual Selling Shareholder", and together with the promoter selling shareholders and the corporate selling shareholders referred to as the "Selling Shareholders"). ^A Discount of Rs. 30 per equity share was offered to eligible employee bidding in the employee reservation portion.
Issue
Opens On Closes On
28-Apr-25 30-Apr-25
Money Payable On
Application Allotment
321.00 0.00
Minimum Application for shares in Nos : 46 Further Multiples of : 46
Cr Lead Managers to the Issue
Project Cost (.Cr) 2509.40 Axis Capital Ltd
Project Financed through Current Offer (.Cr) 2980.80  
Post Issue Equity Share Capital (.Cr) 37.25
Issue Price () 321.00
Projects
Capital expenditure to be incurred by the company for establishment of an E2W factory in
Repayment/pre-payment in full or part of certain borrowings availed by the company
Investment in research and development
Expenditure towards marketing initiatives
General corporate purposes
Promoted By
Tarun Sanjay Mehta
Swapnil Babanlal Jain
Hero Motocorp Ltd
Listing At
BSE
NSE
Registrar to the Issue
No Data Available

DJIA 41380.81
245.84 0.60%
S&P 500 5684.33
32.05 0.57%
HANG SENG 22867.75
91.82 0.40%
NIKKEI 225 37492.25
563.62 1.53%
FTSE 100 8554.80
23.19 0.27%
NIFTY 24008.00
-265.80 -1.10%
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